Privatisation Process in Kosovo

Dr.Sc. Hysni Terziu

Abstract


This paper aims at analysing activities of the privatisation process in Kosovo, seeing that privatisation is treated as a fundamental factor of overall transformation of the whole society.

It may be established that the primary aim of privatisation process is increasing economic efficiency, reflection of the current state and directions of development in general. Privatisation as a process has as primary aim of opening new areas of freedom, economic efficiency and individualism.

Key aim of privatisation process in Kosovo must be increase of economic efficiency, preservation of the healthy economic potential created up to date, and ensuring of the long term concept, which enables growth and macroeconomic stability. The policy of privatisation should give a response related to strategic aspects of privatisation of these sectors: of models, procedures, potential investors, technological modernisation and overtaking of social barriers.

Process of privatisation and transition which has now covered countries of the Eastern and Central Europe, aims at profound economic and political transformation of these countries. To achieve this, it is necessarily required to have some basic preconditions, which are related to incitement of general efficiency of the enterprises, expansion of the capital market, introduction of competition, development of business culture in private property and freedom of entrepreneurship. Impacts of privatisation in economic development of Kosovo take a considerable place compared to other countries, therefore our aim is that through this paper we analyse factors and methods of implementation in this process.


Keywords


Control and transparency; application of respective laws; ensuring efficiency; selection of the best model; incitement of economic development; professional practice; transition;

References


Ademaj Sinan, Macroeconomic aspects of transformation and privatisation of socially owned enterprises in Kosovo, International Scientific Review, Iliria University, February 2009

Ademaj Sinan, (Issues and Dilemma which follow the privatisation process of Kosovo), The system of open economy of trade and transition in Kosovo, page 134, Institute on Scientific Researches Riinvest, May 1998

Aliu Florin, Privatisation Process in Kosovo, Iliria International Review – 2014/1, Prishtina, 2014

Bashota Genc, Privatisation of large, medium and small companies in Kosovo, Systems of open market economy and transition in Kosovo, page 149, Scientific Research Institute - Riinvest, May 1998

Isufi Bashkim, Process of transformation and privatisation of property in Kosovo and in countries of Western Balkans, page 84, Prishtina, 2005

Kosovo Trust Agency (KTA), Work Report 2002 - 2008, Prishtina, 2009

Merovci Safet, Privatisation and social engineering in transition, Systems of open market economy and transition in Kosovo, page 139, Scientific Research Institute - Riinvest, May 1998

Privatisation Agency of Kosovo (PAK), Work Report, August 2008 – August 2009, March 2009

Privatisation Agency of Kosovo (PAK), Annual Report of Privatisation Agency of Kosovo for the Parliament of the Republic of Kosovo, March 2013

Sadiku Muhamet, Models and Methods of Privatisation, Systems of open market economy and transition in Kosovo, page 121, Scientific Research Institute - Riinvest, May 1998

Selmanaj Selman, Contemporary economic systems, Prishtina, 2006

Selmanaj Selman, Globalisation and Transition: Dilemma and Challenges, pages 167 & 188, Riinvest, ISBN 9951-430-28-7, Prishtina, 2006

Scientific Research Institute - Riinvest, Stances of Riinvest as regards to privatisation of socially owned enterprises, Socially Owned Enterprises and their privatisation, page 135, Scientific Research Institute - Riinvest & International Private Enterprises, Prishtina, June 2001.

Toland Malcolm, Privatisation is a necessary process in Kosovo, Socially owned enterprises and their privatisation, page 83, Institute on Scientific Researches Riinvest & International Private Enterprises, Prishtina, June 2001


Full Text: PDF

DOI: 10.21113/iir.v5i1.8

Article Metrics

Metrics Loading ...

Metrics powered by PLOS ALM

Refbacks

  • There are currently no refbacks.




Copyright (c) 2016 Dr.Sc. Hysni Terziu

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
x
Message